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Zacks Investment Research announced Global Payments Inc (NYSE:GPN), raising its target price to $101.00 today

Global Payments Inc (NYSE:GPN) had its target price raised to $101.00 by Zacks Investment Research in a report released 07/06/2017. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.

Yesterday Global Payments Inc (NYSE:GPN) traded 0.30% higher at $89.88. The company’s 50-day moving average is $93.01 and its 200-day moving average is $85.64. The last stock close price is up 10.46% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 789,161 shares of the stock were exchanged, down from an average trading volume of 1,048,900

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Global Payments Inc (NYSE:GPN)

Global Payments Inc has a 52 week low of $64.63 and a 52 week high of $97.99 with a P/E ratio of 73.39 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 22 firms have reported on the stock. The consensus target price is $78.05 with 5 firms rating the stock a strong buy, 10 firms rating the stock a buy, 12 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Global Payments Inc (NYSE:GPN)

Global Payments Inc. is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates through three segments: North America, Europe and Asia-Pacific. The Company's segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services. The Company's segments target customers in various industries, including financial services, gaming, government, healthcare, professional services, restaurants, retail, universities, not-for-profit organizations and utilities. It provides services across a range of channels to merchants and partners in over 30 countries throughout North America, Europe, the Asia-Pacific region and Brazil. The Company performs a series of services, including authorization, electronic draft capture, file transfers to facilitate funds settlement and certain exception-based, back office support services, such as chargeback and retrieval resolution.

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